Ford is controlled by the Ford family, not shareholders. They own 2% of the shares, but control 40% of the votes. It's a complex relationship. https://www.forbes.com/sites/joannm...er-and-remain-firmly-in-control/#404884212174
GM outsells Ford in trucks for the first time since 2015.Why is this a big truckin’deal? The large truck market generates most of the profits for automakers (just behind branded air fresheners… jk).
Chips down Ford's output is likely to be down by a fifth this quarter, due to the global shortage of computer chips. GM has already announced a pause in production of its SUVs, and Volkswagen has also taken a hit, as have Toyota and Honda. Analysts say automakers are partly to blame here, having failed to order chips in time to capitalize on recovered demand. Wall Street Journal
Ford EVs Ford will, from 2026, only sell hybrid or all-electric cars in Europe. And from 2030, it's going all-electric only in the region. The move is in response to local demand. Fortune